DNV, PCL Collaborate on Sustainable Shipping

Published on:
by KnowESG
KnowESG_DNV, PCL Collaborate on Sustainable Shipping
Image courtesy of Freepik

Classification society DNV has formalised a Memorandum of Understanding (MoU) with Pacific Carriers Limited (PCL), a Singapore-based ship owner and operator.

This MoU builds upon a previous agreement established in 2020, with a renewed and heightened emphasis on environmental, social, and governance (ESG) concerns, among other critical aspects.

Within the framework of this MoU, DNV will engage in collaborative efforts with PCL aimed at developing sustainable, forward-looking vessel designs and strategies for decarbonisation, with a strong commitment to advancing alternative fuels that align to achieve net-zero emissions.

Furthermore, DNV and PCL will continue their ongoing initiatives to strengthen PCL's ESG roadmap as well as implement measures for enhancing fleet management and optimisation.

Earlier this year, DNV made notable contributions to the maritime industry by publishing a white paper addressing the pivotal role of biofuels in the future energy landscape of shipping. Additionally, they launched Emissions Connect, a cutting-edge cloud-based platform designed to facilitate real-time data verification and sharing across the maritime value chain.

DNV, renowned for its expertise in risk management and quality assurance, holds the distinction of being the world's foremost classification society and a trusted advisor to the global maritime sector.

PCL, established in 1973 to meet the dry cargo shipping requirements of the Kuok Group, has since evolved into a prominent provider of maritime logistics solutions to various commodities and trading firms on a global scale. PCL boasts a diversified shipping portfolio comprising dry bulk carriers, multipurpose vessels, product tankers, gas carriers, and feeder containerships.

For more company-related news

To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.

Source: Port News

Share:
esg
esg
esg
esg

Companies Headlines

World’s First CO2 Capture Filter Gigafactory Opens in BC

World’s First CO2 Capture Filter Gigafactory Opens in BC

BKV, CIP Form Joint Venture to Invest $500M in Carbon Capture

BKV, CIP Form Joint Venture to Invest $500M in Carbon Capture

Amazon Says Net Zero Pledge Unchanged by Trump Policies

£16m Recycling Facility Set to Modernise UK's Waste Sector

Ex-Tesla Worker on Getting Fired and Calling Out Elon Musk

Enagás, Calcinor Partner to Cut 900,000 Tonnes of CO2 Annually

Nviron and Npontu Catalyse ESG Growth in Africa

$500M Investment by Republic Services Targets Bottle Recycling

Consortium Receives Incentive to Expand Solar Power in Malaysia

Entergy Announces $37B Clean Energy Investment Plan